Executive Summary

The growing economies and population of emerging nations mean that huge investment is needed for these power markets to meet demand, according to a new report by energy sector analysts GBI Research.

The report* states that countries across South East Asia, Africa and the Middle East have been amending regulatory frameworks and embarking on privatization, as many of them are in serious need of external funding to ensure that their respective electricity industries are capable of dealing with the inevitable surge in demand.

The cumulative installed power capacity for these regions, according to 2012 estimates, will be 212 Gigawatts (GW). However, GBI Research expects this figure to shoot up to 349 GW by 2020, climbing at a Compound Annual Growth Rate (CAGR) of 6.4%.

The power market in South East Asia, Africa and the Middle East is currently dominated by thermal power, which accounted for almost 85% of total installed capacity in 2011. Renewable energy is expected to have a greater share of the power market in the future, with solar and wind power sectors in particular expected to expand, but the demands of these growing economies make a substantial reliance on renewables impractical.

The high capacity of thermal power compared to more sustainable forms makes it a more profitable and pragmatic solution. Consequently, the share of thermal power is only expected to decrease to 79.5% by 2020.

Rising industrialization, ever-increasing population figures and growing economies all point to an electrical future that most infrastructure systems are presently incapable of handling. Therefore, to achieve greater industry efficiency and encourage competition, governments across this region are opening up their electricity markets and increasing private sector participation. The region has to invest heavily in order to increase its installed capacity and improve its existing infrastructure.

Transmission networks in many of these countries are already under tremendous pressure to supply power without interruption, and many new transmission projects are already underway or in the pipeline.

Abstract

Summary

GBI Research, a leading business intelligence provider, has released its latest research, "Emerging Power Markets in South-East Asia, Middle East and Africa to 2020 - Government's Restructuring Reforms Encouraging Private Participation will Enhance Price Competition and Efficiency". The report gives an in-depth analysis of power markets in seven of South-East Asia, Middle East and African countries, with forecasts through 2020. The research analyzes the regulatory framework and infrastructure of the countries' respective power sector and provides a detailed forecast of power installed capacity and generation by all types of resources in each market to 2020.

The report also offers a macro economic scenario and market force analysis, and has been built using data and information sourced through primary and secondary research and in-house analysis by GBI Research's team of industry experts.

Scope

Details on the power markets in the seven South-East Asia, Middle East and African countries of Indonesia, Vietnam, Philippines, Thailand, Saudi Arabia, UAE and Morocco.

Historical information and forecasts of cumulative installed capacity and generation from 2005 to 2020.

Historical information and forecasts of annual power consumption from 2005 to 2020.

Major policies and regulations impacting the power market in all the countries covered.

Porter's Five Forces analysis of the emerging power markets.

The macro economic scenarios in these emerging markets.

Major active and upcoming power projects in all the countries covered.

Reasons to buy

Evaluate potential of emerging markets to quantify return on investments.

Identify key markets and investment opportunities for foreign investors in the power industry.